EURGBP rises despite no clear catalyst linked to EUR or GBP

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EURGBP rises despite no clear catalyst linked to EUR or GBP

The EUR/GBP trading scenario I shared months ago is finally showing clear movement. The weekly support zone around 0.8200 - 0.8300 has proven to be remarkably strong, holding the pair in place for an extended period.

What’s surprising is that the bullish wave has begun now—despite no clear catalyst directly tied to the Eurozone or the UK. Instead, the surge seems to be fueled by market turbulence caused by Trump’s tariff decisions, which have disrupted global sentiment. EUR/GBP had been undervalued, but lacked a trigger for upward movement—until now.

So far, the pair is rising steadily, increasing the likelihood that a major bullish wave is underway. If the Bank of England cuts interest rates in the upcoming meeting, it could further accelerate EUR/GBP’s climb.

You may find more details in the chart!
Thank you and Good Luck!

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